insurance

[northernguy10]

what does the average spyder owner pay for insurance here in canada (ontario) is killing me .

[Spyderjohn]

You are right. I am 55 with clean record and paying $680.00 with T.D. insurance. they are the cheapest

[teadave]

44 and paying $1000.

[northernguy10]

well i am 40 bought a new rs-r 2011 in july of last year m2 licence after taking a bike education course (very good course but not nessesary) took it to save on insurance . T D from july to feb 25 2012 was $1382.00 for full coverage with a 2000.00 deductable . now after 3700 km T D want $1987.95 for full coverage and a $2000.00 deductable! No tickets but come-on !!!T D has my house ,sled,quad,2 trucks.
any body know of a better place

thanks for letting me rant!

[Justin]

Get a hold of Jevco. TD is stupid for beginner riders.

[teadave]

mine is with jevco also. first year (september 2010) was $1549. and i had only written my test two days before.
i then took the mc course two weeks later.
no discounts immediately upon passing the course(unlike other insurers), but the second year is $1000. i did some online comparisons, and so far jevco has the best price for me.

[GregP]

2011 RTS se5 with complete BRP chrome pkg etc. etc. 65 with clean record. $2500 deductible for both collision and comprehensive. Total premium for the RTS was $ 750.00. Local Insurance Company (AXA General Insurance) unavailable outside of this Province.

Incidentally, the price of the new RT was JUST above the entry point of the next category up from the 2009 RS se5 that I had on the same policy. It had C & C deductibles of $1000 ea. The total premium for the RS was $ 626.00.

The combined premium for both RT and RS was $1376.00 !

I am reasonably happy with both premiums, especially considering the next best that I was able to get locally ranged from $1600 to $2600 each !!!!

Good Luck with your hunt.

Regards....

[Campverdefela]

Sorry to see your expense for insurance up North. You guys are getting raped.

[Littlebadwolf]

$739 annual for 100k, 100k, 1 Mil, 500 deductible, full comprehension thru AARP (Foremost) for my 09 RS.

[SpyderSteve]

My 09 rs is with jevco and i pay less then then $1000.00 a year with $500.00 deductable and full coverage , On my $1000.00 car i pay $1300+ a year for just liability :hun:

[northernguy10]

thanks for all the replies i will look into jevco i talk to my (TD) guy today , he says that his hands are tied.

[Questions]

Sad to see you all are paying such high premiums,,here in Quebec, 2 million liability,$250.00 deduct. fully covered,24 hrs roadside ass., they will even rent me a spyder, if i get it stolen or crashed, while paperwork is being processed. for a grand total of $238.00/ yr. Thats for 2011 RSS , I'm 46 yrs old.

[ARtraveler]

State Farm: 2010 RTS full coverage $56 month $672 year 2009 Vulcan LT full coverage $43 month $516 year.

[Tierhog]

Nationwide multi vehicle
400$ a year
2008 GS
California (in car theft capital... Modesto)

[minerdoug]

If you are Veterans, check out Progressive for USAA members, 2011RT Limited for $443/year with $500 ded.:ani29:

[SpyderAnn01]

If you are Veterans, check out Progressive for USAA members, 2011RT Limited for $443/year with $500 ded.:ani29:

We have had USAA for 30 years and today we cancelled our motorcycles and Spyder insurance with them and went with Progressive. While we were at our local agents office my husband called USAA as the Progressive quote for the 3 motorcycles and the Spyder was less than half of what USAA charged. They transferred him to their Progressive rep and he was not able to match the price of our local agent.

[SPYDERGUY1]

jevco, full meal deal, 525 per year

[SPYDERGUY1]

Back in 2008 when I bought my Spyder, I had a hell of a time trying to get insurance, as the SPYDER was not recognized as a motorcycle, come to the rescue the salesman. Jevco was the answer, been with them ever since. Conviently enough , now my current other ins, comp, really want's my business for the spyder as well. POUND SALT, THANK,YOU.

[Xendrick]

Believer plus have a dedicated Spyder section on their web site. I think they go through Jevco.

http://www.believerplus.com/

They quoted me $1065 per year for a new RT-S in southern Ontario.

[Willo]

Believer plus have a dedicated Spyder section on their web site. I think they go through Jevco.

http://www.believerplus.com/

They quoted me $1065 per year for a new RT-S in southern Ontario.

Today I got a 12 month quote from Geico, not my favorite company, and their quote for a 2011 Spyder RT and a 2008 Harley Heritage Softail was $416.34 total for both bikes. Coverage is $250K/500K Bodily injury, $100K Property damage, comp. and coll. $1000 deductable, towing, Optionall bike coverage of $2000.00. To compensate for no Uninsured motorist I purchace stacked coverage on my auto policy. Seems like a great rate, what say Y'all?

[Tierhog]

That is a very good rate. I am willing to bet the farm your NOT stuck in California lol. I have the pleasure of paying 4.30 a gallon and saving prairie shrimp so neener neener neener.

[wftb]

primmum insurance 750.00/year with full coverage .i am 58 wth 42 years of riding .my last bike was a CBR125 honda and it was around 400.00 without collision so to me the spyder is cheap .2009 se5 , bought used .

[Questions]

Sad to see you all are paying such high premiums,,here in Quebec, 2 million liability,$250.00 deduct. fully covered,24 hrs roadside ass., they will even rent me a spyder, if i get it stolen or crashed, while paperwork is being processed. for a grand total of $238.00/ yr. Thats for 2011 RSS , I'm 46 yrs old.

Yeah but how much is your sticker or plate each year ??......5 - 700 ??
Ours is $44

Thanks

[Tomite]

$488 year full coverage. Not sure about the plate as I've not had to buy one yet.

[Buttsy]

Yeah but how much is your sticker or plate each year ??......5 - 700 ??
Ours is $44

Thanks

Hmm........renewal of a motorcycle in excess of 401cc (* three wheeled bikes) is almost $ 545.65 down from 2011 when it was almost $ 633.55? Quebec must have a provincial insurance plan? So $ 545.65 plus $ 238.00 yup gettin pretty close to what I pay in Ontario between insurance and my $ 42.00 license sticker.

[Olddood]

I got a notice in the mail that Intact Insurance is taking over the Jevco insurance but will not change the name for a while. Don't know how it will affect the rates or IF it will............

[RMCRETIRED]

I found a full coverage policy with Nationwide for about $375/yr No medical payments since I have BCBS and Medicare. Also a $500 deductable.

I also recently received a quote from Foremost (AARP) for about 3 dollars cheaper than my current policy.

[bscrive]

I just got off the phone with our Insurance broker and he said that Intact/Jevco wants $1660 to insure my wife's (Spidergirl) Spyder. Talk about highway robbery. I guess Intact has upped the rates since they bought Jevco. When she looked at insurance last year Jevco gave her a price of $1300. I have looked at others but they won't take her on because she is just getting her license or the price is more (Primmum). I guess we will have to grin and bear it until she gets some experience. :mad:

[ARtraveler]

Wow! I don't think I will be moving to Canada any time soon. Mine is about $59 per month for each :spyder2: and is full coverage.

[Pennyrick]

what does the average spyder owner pay for insurance here in canada (ontario) is killing me .

There is no such thing as an average Spyder owner!

[Can-Am Poogs]

$836 for April 1 to October 31. This includes registration and insurance. An additional $150 a year to cover the months the bike is not on the road. This is for $100 deductible and million dollars liability. This includes a 15% good driver discount. In my Province it doesn't matter how old you are or how long you have been driving. Comes down to safety rating discount for years of incident free driving. 15 % being the maximum discount. We can't shop around. The Provincial Govt has the monopoly.

[JayJay]

Has anyone had problems getting their Spyder insurance renewed since Jevco was bought out by Intact Insurance Company?

[billybovine]

Has anyone had problems getting their Spyder insurance renewed since Jevco was bought out by Intact Insurance Company?

My broker delivered in person my new proof of insurance slip from Intact. They could not process the paperwork and mail it to me in time. She said that week after week the renewals are getting later from Intact.
I would recommend anyone with Jevco Insurance with a renewal coming up soon, check your slip expiry date.

[JayJay]

My broker delivered in person my new proof of insurance slip from Intact. They could not process the paperwork and mail it to me in time. She said that week after week the renewals are getting later from Intact.
I would recommend anyone with Jevco Insurance with a renewal coming up soon, check your slip expiry date.

Thanks for the heads up. I was informed last Saturday that my RT would be available for pickup on Friday. I phoned my insurance broker on Monday and asked that my Suzuki VStrom be removed from the policy and the Spyder be added. Figured that a full business week would be more than adequate time to facilitate the swap. Talked to my broker late this afternoon (Wednesday) and they still had not heard back from Intact. Given that I am doing a license plate transfer from the Strom to the Spyder at the dealership on Friday I will need to produce "proof of insurance". If Intact doesn't do its thing soon I may have to delay delivery of the Spyder :gaah:. So billybovine is correct; if you are dealing with Intact you should leave yourself extra time because they sure don't perform like Jevco. With Jevco I never waited longer than a couple of days for an answer. Usually the same day. I guess it is getting to be the way of the world, pay more and end up with less!

[Questions]

what does the average spyder owner pay for insurance here in canada (ontario) is killing me .


Im 53 paying 52.00 a month with Allstate :)

[bscrive]

I paid for the insurance for my wife's Spyder on April 1 and I still have not received the insurance slip. I only have the temporary one and it runs out in a couple of weeks. Never had such slow service from any other insurance company.

[lookerjdc]

NOTHING cause its not required in Florida....:doorag:

but I do have insurance and pay around $500.00

[SpyderSteve]

Has anyone had problems getting their Spyder insurance renewed since Jevco was bought out by Intact Insurance Company? Not me: My policy expires May 30th and i received my renewal last week with a $100.00 drop on my rates :yes: Maybe call your broker?

[billybovine]

Not me: My policy expires May 30th and i received my renewal last week with a $100.00 drop on my rates :yes: Maybe call your broker?

Mine dropped too!!! By a dollar! Not enough to buy a coffee, but better then going up.

[SpyderSteve]

In the last 4 yrs. my Spyder insurance has dropped every year, but my car insurance has gone up :banghead:

[condorflysu]

$1400.00 full year on RT-S 500.00 deductible, new rider M1 rate with promise to complete M2 level with a course by end of May. Rate to drop after M-M is obtained. No tickets or accidents with 39 years of driving. Broker Stabler, Kitchener Ontario Northbridge insurance coverage. They asked for a copy of the sales bill too. They have my 2 cars, house, and ski boat as well.

[Smittystwo]

For the Ontario Spyder Ryders you might want to get a quote from Dalton Timmis out of Burlington. They are a broker & currently use Aviva. 1-888-385-8466.

[Questions]

Full coverage with replacement bike with Allstate 37.70 a month, 54 yrs. Old license for over 30 yrs.

[micnugent]

432.00 per year for 2012 rt-s and a 2005 honda cbr6004fi. allstate 300/300/100 500.00 full coverage deductible:sour: 5000 medical un and under insured too

[Windsortenor]

Hey there! Would anyone like to help update this thread? My insurance is due in July and would like to see what others are paying around Ontario for their Spyders. Last year I paid $1168.00 for my 2010 RTS-S. Clean slate as far as accidents or tickets. Currently with Intact.

Thanks to any and all that respond!

[Mr. Bill]

Hey there! Would anyone like to help update this thread? My insurance is due in July and would like to see what others are paying around Ontario for their Spyders. Last year I paid $1168.00 for my 2010 RTS-S. Clean slate as far as accidents or tickets. Currently with Intact.

Thanks to any and all that respond!

Been riding here in southern Ontario since 1965. Paying about $1000.00 for my 2013 Rt. Ltd. full coverage. Intact wants a bit more to insure my 1994 Vmax that's worth a fraction of the cost. We have our house, two other vehicles and our business insurance with them. I think the cost depends partly on where you live and the accidents and insurance claims for your area. People in downtown Toronto would probably pay different rates than me driving in rural Ontario. Sucks to see what we pay here in Ontario for insurance but if you want to drive you have no choice. Sucks worst when you own two bikes and you can only drive one at a time but have to pay in full for both bikes for 12 months of the year.

[SPECTACUALR SPIDERMAN]

speaking of insurance........i have all state & just signed up for the m/c road hazard insurance which covers towing &
tire/wheel replacement if damaged and they also help if i am locked out. wish i could count the number of times i have
locked my keys in the bike & couldn't get to it. :banghead:

[Deanna777]

Today I got a 12 month quote from Geico, not my favorite company, and their quote for a 2011 Spyder RT and a 2008 Harley Heritage Softail was $416.34 total for both bikes. Coverage is $250K/500K Bodily injury, $100K Property damage, comp. and coll. $1000 deductable, towing, Optionall bike coverage of $2000.00. To compensate for no Uninsured motorist I purchace stacked coverage on my auto policy. Seems like a great rate, what say Y'all?I have GEICO my 2014RTS-SE6 and my 12 month premium is :$489.00, with full coverage. Deanna

[bscrive]

Last year she paid $1047 for her STL. This year it was $957. When I looked at the policy, it was $600 just for the accident benefits alone. PLPD, Comprehensive and Colission made up for the other $357. We are really getting hosed here in Ontario.

[SPYDERGUY1]

359 per year, full coverage, of course only get get ride for a couple weeks with the CRAZY CANADIAN ALBERT WEATHER, all is good.

[IntoTheWind]

$528.00 per year, full coverage.

[rumman]

Live in Edmonton, Alberta and my cost is $425 per year, full coverage. Intact Insurance, been with them for years also have my two other vehicles, my condo and my 2014 travel trailer. Drive Safe

[jwood4242]

$560/yr. five hundred deductible on comprehensive and collision.

[condorflysu]

Based in Brampton Ontario Canada with North-bridge Insurance,

2013 RT-s,

Driver Lic.type M2-M, no accidents, tickets or claims for 42 years.
2 cars, Seado, house + Northern vacation home in one bundle suppository to provide a further discount.:banghead:

The Spyder cost $1542.00 :yikes:per year that's all coverage, perils and personal extended accident benefits.
$2 Mil. liability, $500.00 deductible.


For the USA folk :)

Brampton= One of the highest cost vehicle insurance area's in Canada partly due to excessive litigation.
M2-M Lic. = I wrote the first 2 test's...was watched driving and given a ok to drive, I drive for 16 months and take a final driving test to finish licence changing rating to a M-M
The -M means I can only dive a 3 wheel machine, not 2.

PS ,, have another company looking at the entire coverage... there is cheaper in Canada for Brampton I know.

[Dubliner]

No Spyder yet but here in BC I pay just under $1100 for my 25 year old GL1500 Wing. I've been riding for 45+ years no accidents.

[deldon]

I am with Travellers Canada Insurance and have all of my policies (home, travel trailer, 2 vehicles and business) with them and pay $243.00/year for all perils coverage, $1000 deductible.

[alatoire]

I'm looking to make my first Spyder purchase but after my first insurance quote I got a little scared off...

I'm 31 years old living in Toronto (Etobicoke) with a clean driving record. I just got my M2 after completing a Spyder training course. My first quote from Intact Insurance was $4,400/year! I need to find a company that will cut that down to at least $2,500 before I buy my Spyder (Looking at 2016 F3-T).

Anyone in the Toronto area with suggested companies to contact?

[bluestratos]

Washington State, State Farm-I just renewed $305.[

QUOTE=Buttsy;514231]Hmm........renewal of a motorcycle in excess of 401cc (* three wheeled bikes) is almost $ 545.65 down from 2011 when it was almost $ 633.55? Quebec must have a provincial insurance plan? So $ 545.65 plus $ 238.00 yup gettin pretty close to what I pay in Ontario between insurance and my $ 42.00 license sticker.[/QUOTE]